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Listed by Matin Real Estate
$699,900
Est. payment /mo
4,063 SqFt
New
2325 5TH AVE West Linn, OR 97068
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,063 sqft
Price per Sqft $172
MLS Listing ID 792946582
Year Built 1910
Annual Tax Amount $2,629
Property Description
A rare opportunity to complete a 4-plex in the highly desirable Willamette area of West Linn! Currently under construction, this property offers an investor, builder, or owner-user the chance to step into a project where much of the upfront work has already been completed.All county plans and permits have been approved, with plumbing and electrical already in place. The property features four separate 2-bedroom units, a detached garage with additional storage, RV parking, and an RV hookup.Per seller, approximately $300,000 in additional investment is estimated to complete the project, with projected rents of approximately $2,000–$2,700 per unit per month once finished.An exciting opportunity to finish, customize, and create a strong income-producing property in one of West Linn's most desirable areas, close to parks, riverfront recreation, shopping, dining, and Historic Willamette.Buyer to perform their own due diligence.
Location
State OR
County Clackamas
Area _147
Zoning R-10
Rooms
Basement Separate Living Quarters Apartment Aux Living Unit, Unfinished
Interior
Heating Heat Pump
Cooling Air Conditioning Ready
Exterior
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Level
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Willamette
Middle Schools Athey Creek
High Schools West Linn
Others
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOL & BUSINESS